Renewable energy rent seekers keep telling us that our power bills will inevitably fall because wind and solar power are ‘free’ and getting cheaper all the time.
In the lead up to the Federal election in May, Labor’s Anthony Albanese promised that all Australian households would see a $275 cut to their power bills, as soon as he and his wind and solar obsessed Labor took the reins and put Australia’s ‘inevitable’ wind and solar transition, back on track.
Instead, households and businesses have just been whacked with an annual minimum increase in their power bills of between 18-20% on top of double-digit increases last year and the year before that, and the year before that, with much worse to come.
Australian households and businesses are now suffering power prices amongst the highest in the world; 20 years ago they enjoyed the cheapest prices on the planet. But, chaotically intermittent…
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